re: There is a common misconception here about stimulus checks.

Feel free to donate your check to the Saint Alfonzo Pancake Breakfast Fund. I'll post contact info when the checks start rolling off the presses.

“Don’t fall for it” thanks buddy, what you gonna do?

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The money you have is now worth less because more money has been created out of thin air.

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That's not necessarily true. Your money is worth less when the price of goods and services goes up. I'm not saying inflation won't happen when everyone all of a sudden has money in their pocket, but it's important to make the distinction.

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That's not necessarily true. Your money is worth less when the price of goods and services goes up.

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This is true. It will happen though. Otherwise that means lower QE reports and that for sure isn't happening if it can be avoided.

what's the alternative?

Yea it’s a shell game. You “save” here but pay more there. The tax implications going forward renders my next 5 years of raises a loss. I choose not to think about the effects on my retirement plan that I started in 1995 before 2 major bail outs. Some win some lose that’s the way it is. All you can do is plan and adapt. It’s not rigged, it’s just in recent times has had more negative impact on those who try. I’d still rather my children think they may have helped than need the help.

The part I dont like about it is every broke dick over 18 gets a check ,even if they work or not

Money is worth what it is worth. There is no backstop or foundation anymore. It is a game of risk and debt. The dollar is propped by what it could be and backed by what it could not be. That’s it!! A swipe of the pen can devalue just as much as a targeted military attack can increase value. A swipe in the wrong direction or attack in the wrong spot is all it takes. When you have the boss economy it tends to work out. Each time you test it though you lose leverage

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Feel free to correct it then. But are you a financial professional

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Yes I am. BS in Finance from LSU. Analyst in manufacturing finance and asset management.

Nothing to correct directly. You're entire OP is subjective anti-government shtick based on nothing the government actually does.

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Do you think the people who are excited for these checks give a single frick about any of that?

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While I give a frick, if everybody else is getting theirs by god I'm gonna get mine.